All articles by Grace Bowden – Page 53
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NewsPhilip Hammond refuses MPs’ calls for rates reform
Chancellor Philip Hammond has told MPs he will not reconsider business rates reform imminently, but will examine changing how digital firms are taxed.
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NewsProperty giant British Land voted against HoF CVA
Landlord giants including British Land, Derwent and Reuben Brothers tried to block House of Fraser’s controversial CVA last month, according to documents seen by City AM.
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VideoIs talk of Brexit food chaos scaremongering?
The BRC warned Theresa May that a hard Brexit could lead to food rotting at ports and higher prices for shoppers. Is this reality or just scaremongering?
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VideoThe Retail Week: What to make of JLP’s zero profit shocker
John Lewis Partnership warned this week that its profits for the first half of the year will be “close to zero”, while outlining its new vision. We discuss what it means for JLP and the retail industry as a whole.
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NewsJD Sports boss Cowgill’s pay probed by investor group
An influential investor group has urged JD Sports shareholders to rebel against executive chairman Peter Cowgill’s pay package.
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NewsThe Original Factory Shop tables CVA proposal
The Original Factory Shop (TOFS) has become the latest retailer to launch a CVA amid harsh retail conditions, Retail Week can reveal.
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VideoWas MPs' Sainsbury's-Asda grilling style over substance?
Asda chief Roger Burnley and Sainsbury’s boss Mike Coupe have been grilled by MPs on their proposed merger. This week, we discuss whether the inquisition was all theatre or will actually make an impact.
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NewsDixons Carphone profits slump as sales fail to spark
Dixons Carphone has reported sliding full-year profits as tepid sales growth failed to offset “challenges in UK mobile” market.
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AnalysisIn quotes: Sainsbury's-Asda merger - from Mickey Mouse to cut throats
Asda chief executive Roger Burnley and Sainsbury’s boss Mike Coupe were hauled in front of the Commons environment, food and rural affairs committee on Wednesday morning.
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NewsGoogle ploughs £415m into JD.com to fuel expansion
Google and JD.com have unveiled a strategic partnership to develop technology-fuelled tools across stores and the supply chain to create “a superior retail experience”.
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NewsLord Kirkham-founded Fabb Sofas enters administration
Fabb Sofas has fallen into administration less than two years after it was founded, due to a lack of external funding.
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NewsPoundworld to file intention to appoint administrators
Poundworld will file its intention to appoint administrators today after a rescue bid from Alteri collapsed, putting 5,500 jobs at risk.
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NewsPoundworld future in doubt as Alteri ditches rescue bid
Poundworld’s talks with Alteri Investors have ended at the eleventh hour, casting fresh doubt over the survival of the beleaguered value chain.
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NewsAO.com full-year losses widen despite sales rise
AO.com has slipped further into the red despite increased sales as Britain’s Got Talent marketing costs and the weak pound bit into its bottom line.
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NewsQuiz profits and sales soar in 'excellent' year
Quiz has posted a leap in full-year profits and sales, bolstered by a rapidly growing customer base and its successful float.
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NewsMay retail sales rebound at highest rate since 2014
Retail sales in May registered the sharpest increase year on year since January 2014, spurred by warm weather, The Royal Wedding and strong grocery sales.
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NewsHoF lenders seek cash injection as CVA approaches
House of Fraser’s key lenders are demanding proof that its Chinese shareholders will provide the £70m capital pledged last month.
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VideoThe Retail Week: Has the death of shops been overhyped?
On this week’s episode of The Retail Week, the team discuss the positive results from B&M and Mountain Warehouse and ask, has the death of the store been overhyped?
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AnalysisAnalysis: How The Hut Group is primed for success
The Hut Group is sitting pretty with surging full-year profits and sales. We spoke to boss Matt Moulding about the secrets of its success.
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NewsB&M bucks retail blues as full-year profits jump
B&M said it was well placed to prosper in the current “difficult economic environment” as profits and sales surged in its last financial year.